The global infertility treatment business is gaining steam. It is expected to grow to 119 billion USD by 2032. While Thailand is one of the destinations for infertile people from around the world, Safe Fertility Group Public Company Limited (SAFE), a comprehensive infertility treatment center, is preparing to expand its business in response to government policy. Ready to offer approximately 76.75 million additional shares to the general public for the first time (IPO) and will be listed on the Stock Exchange in the 4th quarter of 2023.
Dr. Wiwat Kwangkananurak A doctor who specializes in treating infertility using medical assisted reproductive technology. As the Chief Executive Officer of PCL. Safe Fertility Group (SAFE), a provider of specialized fertility medical centers in Thailand, has revealed that its business provides specialized medical services for people suffering from infertility around the world. Has a high growth potential This is because the reproductive rate tends to continually decrease. This is due to the fact that women of childbearing age have higher levels of education. Working outside the home more The rising costs of raising children and health problems related to infertility Therefore, medical technology must be applied in treatment. To increase the success rate of pregnancy. As a result, the industry's growth rate is likely to continue to increase. In 2022, the global infertility services market will be valued at 49 billion USD. In 2027, it will grow to 90 billion USD. 2032 is expected to grow to 119 billion USD. Thailand is one of the top destinations for infertility people around the world. Due to the development of new technology There is warm care. There are cleanliness and safety standards. Including having a policy that is quite flexible and attracting foreigners, for example, tourists who want to receive treatment in Thailand can stay for up to 90 days, including treatment costs that are lower than in other countries. under the same level of standards As a result, the growth trend of the tourism market for infertile people in Thailand will increase to 60,000 million baht in 2027, or an increase of 14.6% from 2019.
“SAFE has provided comprehensive fertility treatment services in Thailand for more than 15 years. The ratio of treatment for Thais to foreigners is 50/50, including Chinese, Indian, and Japanese. The success rate of treatment is 75% in terms of business growth. There is a tendency to grow according to world trends. and believe that the visa-free measures For Chinese tourists It will help to have more Chinese people come for treatment. from those that disappeared during the COVID-19 outbreak,” Dr. Wiwat said.
Recently, SAFE is preparing to offer approximately 76.75 million additional shares to the general public for the first time (IPO) and will be listed on the Stock Exchange of Thailand (SET) in the 4th quarter of 2023, aiming to open 1-2 additional branches per year.
SAFE provides services ranging from advice, consultation, and treatment to those with infertility and special embryo cultivation. Egg freezing deposits eggs, sperm and embryos for the opportunity to fulfill dreams of having children in the future. With personal customer caretaker with high experience Able to communicate in many languages Take care and help throughout the process in a warm and close manner.
Currently, the company has 2 subsidiaries, which hold 99.99% and 80% of shares respectively: (1) Next Generation Genomic Company Limited (NGG), which operates the business of genetic diagnosis of embryos and fetuses. and providing various genetics laboratory services To support the company's business Including providing services to external customers, such as from leading hospitals. and obstetrics clinic and an infertility treatment center in Thailand and (2) Safe Wellness Company Limited (SWC) operates a business providing skin and beauty services under the name The Fountain Wellness Center. ) Providing complete services to customers before and after having children.
The group of companies provides infertility treatment services through various methods as follows: 1) Infertility treatment using IUI method 2) Infertility treatment using ICSI method, which involves fertilizing eggs and sperm outside the body and sending them back. The embryo enters the uterine cavity to cause pregnancy. 3) Embryo transfer back into the uterine cavity. 4) Freezing service for preserving egg cells, sperm, and embryos. 5) Sperm collection using the TESE method or collecting sperm directly from Testes 6) Sperm selection technology using IMSI using a high magnification microscope to select sperm with good characteristics to mix with egg cells. 7) Sperm screening using MACs Sperm method to screen quality sperm. The service is provided through 5 branches: Amarin Plaza, Ramindra, Phuket, Khon Kaen and Sriracha branches. and has both Thai and foreign customers. Including social media channels such as Facebook, Instagram, Line Official, WhatsApp and company website in communicating various information of the company to target customers
The Group will use its potential to provide a comprehensive fertility center with doctors and personnel with expertise and an average of more than 15 years of experience, including embryo scientists with more than 10 years of experience. Maintain and select efficient and effective technology. With an average pregnancy success rate of up to 75%, from the year 2020 to the first quarter of 2023, the pregnancy success rate increased from 47.5% to 71.6% in cases where embryo genetic testing was not performed and 63.5% to 77.2. % In case of adding embryo genetic testing services
In addition, the business model of the group of companies It also benefits each other to push the group of companies to Sustainable growth With an Integrated Full Service service model for a reproductive medical center that has been certified with international standards for reproductive services. Including having branches in important locations, a total of 5 branches, having a good relationship network with hospitals. Obstetrics and gynecology clinic Childbirth Medical Center laboratory and medical personnel Being a leader in organizing training activities for both Thai and foreign scientists such as India, Malaysia, Singapore, etc., until it is widely known and trusted in treating infertile foreigners. Up to 2,483 countries such as China, India, Myanmar, Vietnam, Singapore, Japan, etc., to become leaders in infertility treatment. Genetic diagnosis of embryos and wellness in the Asian region
Source: Thai News Agency